C.E info system is a data and technology products and plateform company, offering proprietary digital maps as a service (MaaS), software as a service (SaaS), and plateform as a service (PaaS). It provides advanced digital maps, geospatial software, and location-based IoT technology.
Table of content (toc)
Table of Content
About the Company
Company was incorporated as C.E info systems private limited at new delhi as a private limited company under the companies act 1956, pursuant to the certificate of incorporation dated feb. 17 1995 issued by the registrar of companies , National capital territory of delhi and haryana at new delhi.
Promoters of the Company
Rakesh kumar verma
Rashmi verma
Rohan verma
Sapna ahuja
Ankeet bhat
Anuj kumar jain
Shishir verma
About the promoters
Rakesh Kumar verma - Rakesh is managing director and chairman of the company.
Rohan Kumar Verna - Ronan verma is whole time director and CEO of the company.
Anuj kumar jain - Anuj is the chief financial of the company and he is associated with the company since may 2011. He holds a bachelor degree in commerce from the university of Rajasthan. He is qualified Chartered accountant, company secretory and a cost and management accountant and has a significant experience in the field of finance, taxation and accountant.
Rashmi verma - Rashmi is the co founder of company and cheif technology of the company. Along with Rakesh Kumar verma both founded the company in 1995.
Company contact details
Registered and Corporate Office: First, Second, & Third Floor,
Plot. No. 237, Okhla Industrial Estate, Phase- III, New Delhi 110 020, India
Telephone: +91 11 4600 9900; Contact Person: Saurabh Surendra Somani, Company Secretary and Compliance Officer
E-mail: cs@mapmyindia.com;
Website: www.mapmyindia.com
Corporate Identity Number: U74899DL1995PLC065551
Competitors of the Company
India currently has around 1,000 SaaS startups and ten of them are unicorns (those with $1billion valuation or more). Their combined annual revenue is around $3 billion, says a McKinsey report.
Credit : Theweek
Company strength & Risks
Strengths
1. B2B and B2B2C market leader in india with comprehensive suite of SaaS, PaaS, and MaaS offerings capitalising on early mover advantage.
2. Independent, global geospatial products and plateform company, with strong data governance.
3. Market position built around proprietary technology and network effect resulting in strong entry barriers.
4. Marquee customers across sector with strong relationships and capability to up sell and cross sell.
5. Company's offering have ever expanding use cases and it innovates to address technology paradigm shifts.
6. Profitable bisiness model with a consistent financial track record, high operating leverage, and strong cash flows.
Risks
1. Dependent on trends in the sectors where it enterprise customers operate.
2. Parts of its business is dependent on the performance of the automotive sector, including in its key market, India.
3. Inability to maintain or update its map database or errors in its map database.
4. Dependency on the success of its R&D team.
5. Failure to develop competitive new or improved products services or process improvements or updated map data.
6. Inability to protect its intellectual property or any third party claims in relation to infringement of intellectual property rights.
7. Dependency on a limited number of customers for a significant portion of its revenue.
8. Termination of contracts or agreement prior to their completion by the clients of the company.
9. Failure or disruption in its digital map database, including a disruption related to cybersecurity, internal misconduct, or non- compliance with data protection, privacy, or information security related to indian or foreign laws.
10. Inability to sustain its historical growth.
11. Increased governmental regulations.
12. Dependency on innovation to stay competitive.
Company financials
Revenue ( revenue of during year 2019,2020,2021)
Year 2019 - 163 cr
Year 2020 - 163 cr
Year 2021 - 192 cr
Total Assets ( assets during year 2019,2020,2021)
Year 2019 - 339 cr
Year 2020 - 358 cr
Year 2021 - 427 cr
Profits (profits during year 2019,2020,2021)
Year 2019 - 33.56 cr
Year 2020 - 23.19 cr
Year 2021 - 59.43 cr
IPO Details
Open date - 9 December 2021
Close date - 13 December 2021
Face value - 2 Rs
Listing plateform - Nse & Bse
Price bands - Rs 1000 - 1033
Min. Order quantity - 14 share
Lot size - 14
Max. Lot - 13
Allotement date - 16 December 2021
Initiation of funds - 17 December 2021
Listing date - 21 December 2021
Min. Investment - Rs. 14000
GMP - Rs 975
Pre- issue shareholding - 61.71%
Post issue share holding - 53.73%
Subscription Status
Retail individual investor - 15.20x
Non- institutional investor - 424.79x
Qualified institutional buyer - 196.36x
(As on december 13 2021 )
Registrar of Company & lead managers
Registrar
Link Intime India Private Limited (registrar)
C 101, 247 Park
L.B.S. Marg
Vikhroli (West)
Mumbai 400 083
Maharashtra, India
Tel: +91 22 4918 6200
E-mail: ceinfo@linkintime.co.in
Investor Grievance E-mail:
ceinfo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration Number:
INR000004058
Lead Managers
DAM Capital Advisors Limited
(Formerly IDFC Securities Limited)
One BKC, Tower C, 15th Floor, Unit
No.1511
Bandra Kurla Complex, Bandra (East)
Mumbai 400 051
Maharashtra, India
Tel: +91 22 4202 2500
E-mail: ceisl.ipo@damcapital.in
Investor Grievance ID:
complaint@damcapital.in
Website: www.damcapital.in
Contact Person: Chandresh Sharma
SEBI Registration Number:
MB/INM000011336
Kotak Mahindra Capital Company
Limited
1st Floor, 27 BKC
Plot No. C-27, ‘G’ Block
Bandra Kurla Complex, Bandra (East)
Mumbai 400 051
Maharashtra, India
Tel: +91 22 4336 0000
E-mail: mapmyindia.ipo@kotak.com
Investor Grievance E-mail:
kmccredressal@kotak.com
Website:
www.investmentbank.kotak.com
Contact Person: Ganesh Rane
SEBI Registration Number:
INM000008704
Axis Capital Limited
1st floor, Axis House
C-2 Wadia International Centre
P.B. Marg, Worli
Mumbai 400 025
Maharashtra, India
Tel: +91 22 4325 2183
E-mail: mapmyindia@axiscap.in
Investor Grievance E-mail:
complaints@axiscap.in
Website: www.axiscapital.co.in
Contact Person: Ankit Bhatia
SEBI Registration Number:
INM000012029
JM Financial Limited
7th floor, Cnergy
Appasaheb Marathe Marg
Prabhadevi
Mumbai, 400 025
Maharashtra, India
Tel: +91 22 6630 3030
E-mail: mapmyindia.ipo@jmfl.com
Investor Grievance E-mail:
grievance.ibd@jmfl.com
Website: www.jmfl.com
Contact Person: Prachee Dhuri
SEBI Registration Number:
INM000010361
Listing Price
Listing price of Map My India IPO ( C.E. Info system limited ) is Rs. 1565.00 with 532.00 (51.50%) listing gains & listed in National Stock Exchange and Bombay Stock Exchange.